Samvardhana Motherson Finance (SMFL) IPO: Review & Recommendations

The IPO of Samvardhana Motherson Finance (SMFL) opens on May 2, 2012 with a price band of Rs. 113 – 118.

This post is to collect all the recommendations by experts which might help you to take a decision to invest in SMFL IPO.

BrokersRecommendationDownload Report
SMCInvestor who has high risk appetite can opt for this issueSamvardhanaMotherson-IPO_SMC
Aditya Birla MoneyAvoidSamvardhanaMotherson-IPO_Adita birla money
Angel BrokingAvoid

Below are the recommendations by various newspapers.

NewspaperRecommendationLink
Economic TimesExpensiveLink
Business Standardonly investors with a long term horizon might consider this investmentLink

SMFL Financials:

[table style=”1″]

FY09FY10*FY119M’FY12
Net sales (Rs cr)9365,0615,7166,025
Change (%)82.1440.712.9
Ebitda (Rs cr)138377503263
Change (%)89173.233.4
Ebitda margin (%)14.77.58.84.4
Change in bps-720130
Net profit (Rs cr)5876192-152
Change (%)31152.6-179.2
Diluted EPS (Rs)1.81.93

[/table]

You can look at the SMFL IPO reports from broker houses and newspapers and decide for yourself if you would like to go with SMFL or not!

You can read more about SMFL IPO here.

If you find any other report please let me know through comments section or email me at [email protected]

samvardhana motherson ipo advertisement

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